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FG, UN Partner to Raise $5bn Yearly for Poverty Alleviation - Economic Confidential
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Home Business FG, UN Partner to Raise $5bn Yearly for Poverty Alleviation
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FG, UN Partner to Raise $5bn Yearly for Poverty Alleviation

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Economic Confidential
-
November 23, 2023
Betta Edu, Minister of Humanitarian Affairs and Poverty Alleviation of Government of Nigeria
Betta Edu, Minister of Humanitarian Affairs and Poverty Alleviation of Government of Nigeria

FG, UN Partner to Raise $5bn Yearly for Poverty Alleviation 

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The Federal Government and the United Nations, as well as other development partners, are to raise $5bn annually for Nigeria’s Humanitarian and Poverty Alleviation Trust Fund.

The Ministry of Humanitarian Affairs and Poverty Alleviation announced this on Wednesday that the government, UN agencies, development partners, and ambassadors, among others, also committed to a coordinated approach and durable solutions for humanitarian response in Nigeria.

They resolved this during a humanitarian coordination meeting at the United Nations House, Abuja, where the Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, engaged ambassadors, UN agencies, NGOs, etc, on their commitment to humanitarian crises in Nigeria.

“The meeting, which was at the instance of the minister, brought all the humanitarian responders in Nigeria under one roof, where they all committed to a durable, smart, and coordinated approach to humanitarian response.

“Part of the resolutions of the meeting was the commitment to raise $5bn annually for the Humanitarian Affairs and Poverty Alleviation Trust Fund in Nigeria by the Federal Government, other countries, private sector, donor agencies, and the development partners,” the ministry stated in the statement.

Edu conveyed President Bola Tinubu’s appreciation to the UN agencies and development partners for their contributions to easing humanitarian challenges in Nigeria.

She, however, stressed that the era of uncoordinated, unaccountable, and silotic approaches to humanitarian response in Nigeria was over.

“President Bola Tinubu does appreciate the effort of the UN agencies as well as other organisations that are working in the humanitarian space, but we just need to bring this effort in a more coordinated manner so that we can achieve more, especially in the face of dwindling resources.

“There is a need for the government to take the lead and properly coordinate. The days of uncoordinated responses to the humanitarian crisis in Nigeria should be over.

“The days of operating in silos and duplicating efforts that lead to wastage, among other things, should be over. The government must take the lead to coordinate, to ensure that we are first in line with government priorities, and then secondly, we are meeting our targets,” the minister stated.

She emphasised the Federal Government’s commitment to reduce, prevent, mitigate, and respond adequately to the humanitarian crisis in Nigeria in a more coordinated manner, thereby reducing poverty by 50 per cent.

On his part, the United Nations Resident and Humanitarian Coordinator for Nigeria, Matthias Schmale, who spoke on behalf of UN agencies, expressed support for the government in its effort to tackle humanitarian challenges.

“We’ve heard very clearly from you that humanitarian needs span the rest of the country. We are here as United Nations agencies to support in ensuring proper coordination, develop review and implementation response plan, mobilise resources for country response, as well as align to the Federal Government priorities,” he stated.

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